HomeMy WebLinkAbout0553 Nc~`-Uti~F~~K~~ Cc~~ E.tia~ Burrower and Lender further co~•enant and agrer t~~llu~.:
19, Acceleration; Remedies. l.ender shall give notice to Borrowe~ pr9or to acceleration fallowing BorroNer's
breach of any corenant or agreement in this Security Instrument (but not prior toacceleration under paragraphs 13 and 1?
unless applicable law provides otherwise), The notice shs~ll specify: (al the defaulh (b) the action reQuired to cure the
default; (c1 a date, not less than 30 days from the date the notice is given to Borrower. by which the defsuit must be cured;
and Id) thAt failure to cure the default on or betore the date specified in the notice may result in acceleration ot tAe sums
- secured by this Security Instrument, foreclosure by judicial proceediag and sale of the Property. The notice shall turther
intorm Borrower of the right to reinstate aher acceleration and the right to assert in the foreclosure proceedin= the non- ~
existence of a default or any other detense of Borrower to acceleration and foreciosure. If the default is not cured on or
before the date specified in the notice. L.ender at its option may require immediate payment in full of all sums secured by
this Security Instrument without further demand and may foreclose this Security Instrument by judicial proceedfng.
Lender shall be entitied to cullect all expenses incurred in punuing the remedies p~orided in this par~graph 19~ inciuding,
but not limited to, reasonabie attorneys' fees and costs ot titie evidence.
20. Lender in Possession. Upon acceleration under paragraph l9 or abandonment of the Property, L~nder (by ~
judicially appointed receiver) shall be entitled to enier upon, take possession of and manage the Property and to collect the' ~
rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to ;
payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees,
premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. '
2l. Release. Upon payment of all sums secured by this Security Instrument, Lender shatl release this Security
lnstrument without charge to Borrower. Borrower shall pay any recordation costs.
22. Attorneys' Fees. As used in this Security Instrument and the Note, "attorneys' fees" shall include any attorneys'
fees awarded by an appellate court.
23. Riders to this Security Instrument. If one or more nders are executed by Borrawer and recorded together with
this Security Instrument, the covenants and agreements of each such rider shalf be incorporated into and shall amend and
supplement the covenants and agreements of this Security Instrument as if the iider(s) were a part of this Security
lnstrument. [Check applicable box(es)J
i ~ Adjustable Rate Rider ~ Condominium Rider 1-4 Family Rider
~ Graduated Payment Rider ~ Planned Unit Development Rider
Other(s) [specify]
BY SIGNING BE~ow, Borrower accepts and agrees to the terms and covenants contained in this Security
, Instrument and in any rider{s) ezecuted by Borrower and recorded with it.
Sign •d, sealed and delivered in the presence of:
no"y~-~'7 .c/ ~ 7~c (Seal)
NORMA G. PETERSEN -so~.owe.
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(5ea1)
-$prrpwEr
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'90 JAN 29 Al l:~
N
10 219 2 7 cs~i>
-ea.owe.
f iLED ~ ~t: i:.:'~;'
DQUGI.A; ~~X~~1+ - (seal)
S ~ . i ~i l . : : : ~ I ` -Borrower
(Spsce Bebw TFws Line Fw AcknoMrled=ment]
STATE OF FLORlDA, St . Lucie COUflly SS:
I hereby certify that on this day, tx:fore mr, an ofiicer duly authoriud in the state aforesaid and in the county
~ aforesaid to take acknowledgcments, personally appeared
E .
i Norma G. Petersen, a single person
~
i ,[o me known to be the person(s) described in and who executed thc
~ foregoing instrument and acknowledged before me that she executed the same for the purpose therein
~ expressed.
~
~ WiTHESS my hand and official seal in the county and state aforesaid this p~(9~ ~ day of
s ~ January , ~9 90
Iv~~~om~nission expires: `
, 'iswq ' Naary Pub1~c
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PSt Title Compa~y,lnc.
. 10s570 S. US Hwy. 1 Ste. 200
POrt 3t. LuciQ. Fl 34952
a~RK 675 r~~~E 553 1~
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